Ames Department Stores (AMES) Message Board

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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: B Hewson who wrote (553)	8/27/1997 8:12:00 PM
From: Arthur Tang	of 1911

Bought some at $1.87/share. Worked on the limited upscaling idea. Took a while to get gross profits up. Gotti helped nixed the computer investment. Gach helped to get store clean and bright. Melcher helped to analyse the earnings projection. And Gary Ashton (now market tracker) helped with the analyst approach to market making. Here we are. $40 here we come, is our war cry. There are of course many short sellers like sharks in the water. AMES still has many problems to go from medium cap to large cap before $40 is possible. Spending on remodeling by closing store is big expense. And not using billboards on the front of AMES store front gives up free advertzing visible over the highways.

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